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Eversheds asks trainees to defer and lays off 10 in real estate

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  • It's quite interesting to see that they're offering the opportunity to work as a paralegal for a year, if I was one of those affected I would choose that option because it may be difficult to find work elsewhere and five grand isn't going to last too long.

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  • I'm sure that the badly done by 40+ real estate solicitors would have jumped at the chance of securing their futures by defering their careers with the opportunity of a 'complusory' career break and £5K or even going part-time as other more caring firms have permitted rather than being being left high and dry!

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  • Deferring training contracts is nothing new; the big guys were all doing it the last time round too. I'd say the offer is very low...I accepted a training contract to start in 1991 with a top 20 Law Firm which hit difficult times in the last recession, and the going rate 18 years ago was either £5k or all the costs of doing an LLM

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  • Re the 40+ real estate solicitors - agreed a career break and job after would have been nice!! Quite harsh to be tipped out of your career with no clear job path thereafter in the downturn.

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